correlation?

So right after Silk Road kicked off in early February, Bitcoin hit that $1 mark. When major news outlets started talking about Bitcoin's "surge," BTC skyrocketed from $6.2 to $31, which was its all-time high. The first big jump in BTC actually happened exactly a year earlier, on 6/12/2011, when it jumped from $0.008 to $0.08, a crazy tenfold increase. Just a few days before yesterday, BTC was on a downward trend, but then out of nowhere it shot up (not by much though); and at the same moment, CNN Money dropped a video.

So you are saying, you suspect the more people know about bitcoin, the higher it's price goes? Woah that's a fresh observation Let's see, what could be driving the price up if several thousand new people start trying to buy some bitcoins? Mighty coincidence here, probably market regulators drive the price up to make it harder to buy coins right?

Correlation refers to an association between two or more variables. It indicates the extent to which changes in one variable are associated with changes in another variable, but it does not imply causation. A correlation can be positive, meaning the variables tend to move in The strength of a correlation can also be quantified using a correlation coefficient, which ranges

Man you got me. I was scratching my head thinking what are you talking about since bitcoin hasn’t been anywhere near the prices you are talking about. Then I looked at the date and realized that some bot brought back this 14 year old topic back from the dead. Some mod needs to lock threads like this.